Ypsi: Funding Entrepreneurs

Writing on his blog, Mark Maynard considers ways that local residents might support Ypsilanti entrepreneurs like Bee Mayhew, owner of Beezy’s café, who’s thinking of opening a diner on Michigan Avenue. After laying out some funding options, Maynard writes: “And, the cool thing is, something like this could work for any restaurant or retail endeavor, assuming the person or persons associated with said endeavor had a certain level of trust within the community. As we all know, those people are hard to come by, but they do exist. And, through a mechanism like this, these entrepreneurs could afford to do renovations, purchase merchandise, etc. It’s not even out of the realm of possibility that we, the community, could recruit successful entrepreneurs to our area with such a program.” [Source]